Japanese businesses explore investment environment in Tay Ninh
A delegation from the Japanese Business Association in Ho Chi Minh City (JBAH) on May 7 visited the southern province of Tay Ninh to explore its socio-economic situation and investment opportunities.
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At a working session with the delegation, Deputy Chairman of the provincial People’s Committee Nguyen Thanh Ngoc briefed his guests on Tay Ninh’s socio-economic situation.
Tay Ninh is an important gateway that links the economic hub of HCM City and other regional provinces with ASEAN markets though the international border gates of Moc Bai and Xa Mat, Ngoc said.
He added that the province has a stable climate and water resources that are suitable to develop hi-tech agriculture.
The locality is now home to seven industrial parks approved by the Prime Minister, of which, five have been put into operation on a total of 3,000 hectares of land.
The provincial leader said six Japanese businesses have, to date, invested in Tay Ninh with investment capital of US$36 million.
He also said that the province hopes to attract more Japanese investment in high-tech projects.
For his part, Yakabe Yoshinori pledged to encourage Japanese enterprises to expand investment in Tay Ninh, especially in the Moc Bai Border Gate Economic Zone and the Phuoc Dong-Boi Loi industrial park.
He suggested the provincial authorities promote a skilled labour force as well as collaborate with the JBAH to organise more investment promotion workshops for Japanese enterprises.
On the same day, the Japanese businesses visited Ba Den Mountain tourism site and the Phuoc Long-Boi Loi industrial park.
